Well, as noted above, I picked this up about a week ago from a local pawn shop! Asking price was $75-$80???, don't recall, but I paid $50.00
It had been tucked way back behind the other stuff, neglected & dusty.
Whoever owned it definitely didn't care for it at all. It was in pretty sad shape. It's pots were scratchy, the bass was filthy, with every bit of its almost 30 years of filth on it. Pots were scratchy, had one broken solder joint, missing tone knob, stickers up & down the fret board, a few dings and scratches, the collar around the p'up was reversed, neck was pretty out of shape, and worst, it had a hairline fracture running from the A tuner peg hole, through the E peg hole, however it doesn't go through the entire headstock, only the back.
It's not really that noticeable and has absolutely no effect on playability, or sound.
Definitely not my best score, but I couldn't bear to walk away and not rescue this poor thing.
Nobody has loved on it in quite a few years, the guys at the pawn shop said its sat on the wall back in the back for years and years untouched.
It had a few minor issues, most were correctable through simple maintenance though.
For $50 bucks, I had to grab it.
It's 100% original, minus the missing tone knob.
Overall condition was horrible but after a complete tear down, lengthy clean, full set up including strings, and some contact cleaner, it's actually a REALLY nice bass.
The thing has an awesome sound and I've actually gotten to really like this thing these past few days. If Peavey's from this era are this nice to play, I'm definitely gonna be keeping an eye out for them.
Special thanks to SMCD & AStep for their assistance on information.
I've only taken a few bad pics but here they are none the less. I'll gladly post a few more as soon as I get the chance.
Thanks for looking, come again!